Grafton expands English interests

Dublin-based builders merchants group Grafton has expanded its presence in the south of England, via an acquisition likely to add nearly 1% to its UK revenues next year.

Grafton announced yesterday that it has completed the acquisition of Crescent Building Supplies (Ruislip) Ltd, which is a general merchanting business with three branches in west London and another in Berkshire.

The company generated revenues of £10.5m (€13.2m) in its last financial year — up to the end of last March — and its takeover will improve Grafton’s coverage of the merchanting market in the south-east of England.